MAN mandrake resources limited

Lol only a P/B ratio is relevant to MAN and ASN at this stage,...

  1. 13,666 Posts.
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    Lol only a P/B ratio is relevant to MAN and ASN at this stage, as you know.
    now MAN currently has a P/B ratio of around zero going into negative which is outstanding value as you know..Most value investors and financial analysts consider any value under 2.0 as an ok P/B ratio but most prefer 1.0 and lower

    Now if we calculate ASN in contrast, difficult though now as of the halt, my personal P/B ratio calculation is above 4 , and that imo is being generous, given the uncertainty now.. which is not attractive at all, so yes to get to P/B ratio of 1 for ASN would need a SP around 2.8 cents, and imo given the ASN DLE issue, that is not far fetched in my opinion.
 
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(20min delay)
Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $11.91M
Open High Low Value Volume
1.9¢ 1.9¢ 1.8¢ $12.13K 649.3K

Buyers (Bids)

No. Vol. Price($)
3 1046357 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 1762165 5
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Last trade - 14.47pm 18/06/2025 (20 minute delay) ?
MAN (ASX) Chart
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